KERUI Petroleum has successfully signed with Petrobras for a gas processing plant in Itaborai City in the state of Rio. This is Petrobras’s first public bidding oil project since 2014 and is also the largest natural gas treatment project in Brazil so far. This is of great significance to the development of oil and gas for Petrobras Pre-salt. KERUI Petroleum has become the first and only private enterprise in China to be awarded a Petrobras project in the field of oil engineering.
Li Jinzhang, China's ambassador in Brazil, said: "We warmly congratulate KERUI Petroleum on the successful bid for the Brazil Itaborai Natural Gas Treatment Plant (UPGN) project, which demonstrates KERUI’s enterprising spirit and relentless efforts in Brazil and represents the important achievements of Chinese know-how entering Brazil. We hope KERUI Petroleum will set up a benchmark for projects on the Sino-Brazilian oil and gas cooperation with first-class design and construction to facilitate local economic and social development.”